Press release - 15 February 2019 10:35

Panalpina statement on revised proposal from DSV

The Board of Directors of Panalpina confirms that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF 180 per share, all in cash.

According to its fiduciary duties, the Board of Directors of Panalpina is reviewing the revised proposal from DSV in conjunction with its professional advisers.

Further announcements will be made as appropriate.

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About Panalpina

The Panalpina Group is one of the world's leading providers of supply chain solutions. The company combines its core products – Air Freight, Ocean Freight, and Logistics and Manufacturing – to deliver globally integrated, tailor-made end-to-end solutions for twelve core industries. Drawing on in-depth industry know-how and customized IT systems, Panalpina manages the needs of its customers' supply chains, no matter how demanding they might be. Energy and Project Solutions is a specialized service for the energy and capital projects sector. The Panalpina Group operates a global network with some 500 offices in around 70 countries, and it works with partner companies in another 100 countries. Panalpina employs approximately 14,000 people worldwide who deliver a comprehensive service to the highest quality standards – wherever and whenever.

Press contacts

Maiken Riise Andersen

Press contact Head of Corporate Communication Maiken.R.Andersen@dsv.com +45 43 20 30 74

Christian Krogslund

Press contact Senior Director, Corporate Marketing & Communication christian.krogslund@dsv.com +45 28 44 22 35

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Panalpina statement on revised proposal from DSV
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Statement of Panalpina related to Agility

The Board of Directors of Panalpina confirms media reports that it is in discussions with Agility Group on potential strategic opportunities with regard to their respective logistics businesses. The discussions between the two companies are at a preliminary stage.

4 February 2019 07:20

Statement from Panalpina regarding DSV and the position of Ernst Göhner Foundation

Panalpina confirms that the Ernst Göhner Foundation, Panalpina's largest shareholder representing approximately 46% of the total share capital, informed the Board of Directors that it does not support the current non-binding proposal from DSV and that it supports Panalpina’s Board of Directors in pursuing an independent growth strategy that includes M&A.

16 January 2019 06:30

Panalpina statement on unsolicited, non-binding approach from DSV

The Board of Directors of Panalpina announces that it has received an unsolicited, non-binding proposal from DSV to acquire the company at a price of CHF 170 per share, comprising a mix of cash and DSV shares.